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Over 22% of Spaniards in poverty in 2013: Data

Demonstrators shout slogans as they take part in a May Day rally called by Spanish unions in Madrid on May 1, 2015. (AFP photo)

Nearly a quarter of people in Spain were living in poverty in 2013 despite the country's exit from recession, official data shows.

The latest poverty figures provided by the National Statistics Institute show that 22.2 percent of the population in 2013 was living under the poverty line, with immigrant families particularly affected.

The poverty figure had mounted from 20.4 percent a year earlier when the country was still in recession.

Spain and the European Union define the poverty line as 60 percent of a country's average personal income.

The institute did not mention the percentage of Spaniards living under poverty line in 2014.

Meanwhile average yearly household income decreased from about 30,000 euros in 2008, the first year of a global economic downturn, to 26,154 euros in 2013.

People wait in line at a government employment office on Paseo de las Acacias in Madrid on December 2, 2014. (AFP photo)

One in 10 households in Spain, which is the fourth-largest economy in the eurozone, was struggling to pay the rent, mortgage or gas and electricity bills in 2013, data showed.

The government predicts that economic growth in 2015 would rise to 2.4 percent, higher than its previous estimate of two percent. However, the country’s unemployment rate in 2014 stood at 23.7 percent, the second highest in the eurozone after Greece.

Millions of people were thrown out of work in Spain after the property burst in 2008, forcing the government to enforce austerity measures and bail out the financial system.

Known as a member of the economically struggling group of EU countries called PIIGS - Portugal, Ireland, Italy, Greece and Spain - the country is hugely indebted to international creditors as it borrowed 41.4 billion euros in 2012 to finance its collapsing banking sector.

MRA/KA


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